Berkshire keeps its Bank of America stake 8% and sells Visa, Mastercard and Amazon
Berkshire2026 in 1 quarter, it exited its stakes in Visa, Mastercard and Amazon, while retaining its Bank of America stake. The Bank of America stake accounts for 8% of the portfolio, making it the fourth-largest holding.
Berkshire Hathaway2026 in 1 quarter, sold its stakes in Visa, Mastercard and Amazon from its portfolio. The sale decisions were reported under the new management. Over the same period, it kept its Bank of America stake unchanged.
The Bank of America stake accounts for 8% of the portfolio and remains the fourth-largest holding. The company retained the stake rather than selling it. Its stake and ranking were disclosed.
Among the holdings sold, Visa and Mastercard are classified as payment companies. Amazon is a company whose main businesses are e-commerce and cloud services. The holdings in those companies were reported to have changed during the 2026 in 1 quarter.
This portfolio adjustment was made under new CEO Greg Abel. It has now been disclosed which stocks were sold and which were retained under Abel. The disclosed materials include sales and holdings.
The disclosed information shows that the portfolio’s core holdings and the securities targeted for sale changed specifically. Bank of America remained a major holding. The payment company and technology and retail stocks that were sold were removed from the portfolio.
Sources: The Motley Fool
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